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rjkz [21]
2 years ago
7

Government involvement in a modern economy is generally defended because:.

Business
1 answer:
gizmo_the_mogwai [7]2 years ago
8 0

Answer:

<em><u>governments</u></em><em><u> </u></em><em><u>are </u></em><em><u>more </u></em><em><u>able </u></em><em><u>to </u></em><em><u>than </u></em><em><u>fir</u></em><em><u>ms </u></em><em><u>to </u></em><em><u>meet </u></em><em><u>some</u></em><em><u> </u></em><em><u>needs </u></em><em><u>and </u></em><em><u>wants</u></em><em><u> </u></em><em><u>of </u></em><em><u>society.</u></em>

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Suppose an apartment complex converts to a condominium, so that the former renters are now owners of their housing units. Suppos
Lorico [155]

Answer:

GDP is likely to remain same as a result of this conversion.

Explanation:

GDP is the total value of goods & services, produced by an economy, during a given year.

It can be calculated by 2 methods

  • By Expenditure method : GDP = Private Final Capital Expenditure + Govt. Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports
  • By Income method : NDP = Compensation of Employees + Operating Surplus (Rent + Profit + Income) + Mixed Income

Given case - Converting a rented apartment into a resident owned condominium , with value of housing services = rent formerly paid :

This brings no change in the GDP, as : The apartment 'rent' previously paid was included in 'operating surplus' of national income, by Income method. And, the equal condominium value is now included in investment addition i.e 'Gross domestic capital formation' , by Income method.

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3 years ago
A ____ is a document from a bank guaranteeing that a seller will receive payment in full as long as certain delivery conditions
Katen [24]

Answer:

Letter of Credit is the correct answer.

Explanation:

7 0
2 years ago
A state charges a 7% sales tax on non-grocery items.
zvonat [6]

Answer:

$8.75

Explanation:

The sales tax is on non-grocery  is 7%

Sales tax on an item costing $125 will be

=7% of $125

=7/100 x $125

=0.07 x $125

=$8.75

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3 years ago
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Ipatiy [6.2K]
This is an education app... thanks for the points tho lol
3 0
3 years ago
You are the CEO of a company that has to choose between making a $100 million investment in either Russia or Poland. Both invest
dimulka [17.4K]

Answer: When assessing the risks of investment, one should consider the political, economic, and legal risks of doing business in either Russia or Poland. The risk in Russia would probably be considered higher than the risk in Poland since Poland has been a member state of the European Union since 1 May 2004, with the Treaty of Accession 2003 signed on 16 April 2003 in Athens as the legal basis for Poland's accession to the EU.

Poland has already gained benefits and stability offered by the EU. Russia, by contrast, is still many years away from even being in a position to be considered by the EU for membership.

Explanation: A diligent investor wouldn't put a penny in a risky country.

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